Twin Disc, Incorporated reported earnings results for the second quarter and six months ended December 29, 2023. For the second quarter, the company reported sales was USD 72.99 million compared to USD 63.35 million a year ago. Net income was USD 0.93 million compared to USD 1.75 million a year ago. Basic earnings per share from continuing operations was USD 0.07 compared to USD 0.13 a year ago. Diluted earnings per share from continuing operations was USD 0.07 compared to USD 0.13 a year ago.
For the six months, sales was USD 136.55 million compared to USD 119.26 million a year ago. Net loss was USD 0.243 million compared to net income of USD 0.324 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to basic earnings per share from continuing operations of USD 0.02 a year ago. Diluted loss per share from continuing operations was USD 0.02 compared to diluted earnings per share from continuing operations of USD 0.02 a year ago.